Global price of Coffee, Other Mild Arabica
This dataset tracks global price of coffee, other mild arabica over time.
Latest Value
363.16
Year-over-Year Change
46.20%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'Global price of Coffee, Other Mild Arabica' trend measures the monthly average price of coffee beans on the global commodities market. This metric is closely watched by economists and policymakers as an indicator of global food and agricultural inflation.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The 'Global price of Coffee, Other Mild Arabica' tracks the U.S. dollar-denominated monthly average price for one pound of higher-quality Arabica coffee beans on the global commodities market. This benchmark price is used to assess trends in the international coffee trade and can signal broader shifts in agricultural commodity prices.
Methodology
The data is collected by the International Coffee Organization and calculated as a monthly average of daily spot prices.
Historical Context
Movements in the global coffee price can impact inflation, consumer spending, and trade balances for major coffee-producing and consuming countries.
Key Facts
- Coffee is one of the world's most traded agricultural commodities.
- Arabica beans account for about 60% of global coffee production.
- Brazil is the world's largest coffee producer and exporter.
FAQs
Q: What does this economic trend measure?
A: The 'Global price of Coffee, Other Mild Arabica' tracks the monthly average price of higher-quality Arabica coffee beans on the global commodities market.
Q: Why is this trend relevant for users or analysts?
A: Movements in the global coffee price can provide insights into broader agricultural commodity and food price inflation trends, which are important for economic policymakers and market participants.
Q: How is this data collected or calculated?
A: The data is collected by the International Coffee Organization and calculated as a monthly average of daily spot prices for Arabica coffee beans.
Q: How is this trend used in economic policy?
A: Fluctuations in the global coffee price can impact inflation, consumer spending, and trade balances for major coffee-producing and consuming countries, making it a relevant indicator for economic policymakers.
Q: Are there update delays or limitations?
A: The global coffee price data is published with a 1-month lag and may not fully capture short-term price volatility in the commodities market.
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Citation
U.S. Federal Reserve, Global price of Coffee, Other Mild Arabica (PCOFFOTMUSDM), retrieved from FRED.